1 Bedroom Condo for sale in Banilad, Cebu, Mandaue, Cebu
Cebu, Philippines
Guide Price
$70,796
4,000,000 PHP
PROPERTY TYPE
condo
BEDROOMS
1
BATHROOMS
1
Description
๐ ๐๐ ๐๐๐๐: ๐๐ญ๐ฎ๐๐ข๐จ ๐๐ง๐ข๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐๐๐ง ๐๐ข๐๐ฐ ๐๐ญ ๐๐ง๐ ๐๐ฌ๐ญ๐ซ๐ ๐๐ฅ๐๐๐ โ ๐๐๐ง๐๐๐ฎ๐ ๐๐ข๐ญ๐ฒ, ๐๐๐๐ฎ ๏ฟฝ
Looking for a smart investment or your future city home?
This 15th floor studio unit at One Astra Place offers modern living with a stunning ocean view, right across Oakridge Business Park in A.S. Fortuna, Mandaue!
๏ฟฝ ๐๐๐๐ ๐๐๐๐๐๐๐:
๏ฟฝ
Floor Area: 22.40 sqm
๏ฟฝ Floor: 15th โ High Floor
๏ฟฝ View: Ocean View
Price: โฑ4,000,000 NET (Taxes not included)
๏ฟฝ Completion: Estimated by 2030
๏ฟฝ Monthly Dues: Approx. โฑ100/sqm
๐๐๐๐๐๐๐๐ ๐ ๐๐๐๐๐๐๐:
Dedicated Residential Lobby
4 High-Speed Elevators
1.5m-Wide Hallways
100% Backup Power
Units Can Be Combined
24/7 Security with CCTV
Professionally Managed by CLI Property Management
๐๐๐๐๐๐๐๐๐:
๏ฟฝ Infinity & Kiddie Pool
๏ฟฝ Fully Equipped Gym
๏ฟฝ Function Rooms
๏ฟฝ Al Fresco Lounge
๏ฟฝ Rooftop Sky Deck with City & Ocean Views
๏ฟฝ ๐๐๐ ๐๐๐ ๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐:
โ Prime
location along A.S. Fortuna, Mandaue
โ Near IT Park, Ayala, SM, top hospitals & schools
โ High rental income potential โ Airbnb-friendly
โ Developed by Cebu Landmasters Inc. (CLI) โ trusted local developer
๏ฟฝ Interested? Letโs talk!
๐๐ญ๐๐ฒ ๐ญ๐ฎ๐ง๐๐ ๐๐จ๐ซ ๐ฆ๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ ๐จ๐ซ ๐ฏ๐ข๐ฌ๐ข๐ญ ๐จ๐ฎ๐ซ ๐ฐ๐๐๐ฌ๐ข๐ญ๐ ๐๐จ๐ซ ๐๐๐ซ๐ฅ๐ฒ ๐ข๐ง๐ช๐ฎ๐ข๐ซ๐ข๐๐ฌ:
https://cebudreaminvestment.com/property/studio-unit-with-ocean-view-at-one-astra-place-mandaue-c----
Location
Open in Google MapsLiving in Cebu
Island-hopping on weekends, karaoke as a national religion, and a Filipino hospitality so genuine that you will be adopted by your neighbor's entire extended family before your first month is over.
Visa
SRRV (Special Resident Retiree Visa) โ available from age 40+. Requires $15,000-50,000 deposit depending on age and pension status. Grants indefinite stay with multiple-entry privileges. SIRV (Special Investor Resident Visa) โ requires $75,000 investment in Philippine securities. No age minimum. Both offer permanent residency.
Learn more: The Complete Guide to Moving to the PhilippinesโKey Fact
English is an official language and widely spoken โ making the Philippines the easiest Asian country for American expats to navigate daily life. Private healthcare is excellent and affordable, but infrastructure outside Manila can be underdeveloped.
Learn more: The Cheapest Cities to Live AbroadโPhilippines at a glance
How Philippines scores for American expats
Cost of buying in Philippines
Estimated fees and ongoing costs for this property
Closing Costs
5-8% of purchase price
- ยทTransfer tax: 0.5-0.75%
- ยทDocumentary stamp: 1.5%
- ยทCapital gains tax: 6% (seller, but often negotiated)
- ยทRegistration: ~0.25%
- ยทNotary: ~0.5%
Annual Costs
Property Tax
1-2% of assessed value (varies by city)
Insurance
โฑ5,000-15,000/yr
HOA / Condo Fees
โฑ3,000-10,000/mo for condos
Good to Know
Agent Fees
Seller pays (3-5%)
Foreign Buyer Note
Foreigners CANNOT own land. Can own condo units (max 40% foreign quota per building). Houses possible via long-term lease or Filipino spouse.
Legal help in Philippines
Hire your own attorney โ not the seller's. We'll match you with a vetted local lawyer.
Need a local attorney in Philippines?
We'll connect you with an independent, English-speaking real estate attorney experienced with foreign buyers. Not the seller's lawyer โ yours.
Contact Agent
Cebu DreamHome Investments
Next steps for moving to Philippines
Interested in this property? Here's how to move forward.
Understand the buying rules
Foreign ownership laws vary wildly by country. Some welcome you, others restrict or ban foreign buyers entirely.
Sort out your visa
Owning property doesn't give you the right to live there. Research residency options before you buy.
Plan your finances
Understand currency risk, international wire transfers, and whether you can get a local mortgage.
Know your tax obligations
US citizens are taxed on worldwide income. You'll need to file US taxes from abroad and may owe local taxes too.
Set up healthcare
Medicare doesn't cover you overseas. You'll need international health insurance or a local plan.
Run the full checklist
Banking, mail forwarding, power of attorney, pet import rules โ the complete pre-move checklist.
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